0 Southern Blvd Loxahatchee, FL 33470
This exceptional 1.75-acre commercial land parcel is strategically located on Southern Boulevard in Loxahatchee Groves, Florida, within the rapidly growing Royal Palm Beach/Wellington/Loxahatchee Groves submarket of Palm Beach County. The property boasts 425 linear feet of frontage on Southern Boulevard, providing excellent visibility and accessibility. Zoned CL - Commercial Low (41-Loxahatchee Groves), this site presents a multitude of development opportunities. The area's strong demographics, including a population of 119,226 residents (2021) and a projected 7.2% growth over the next five years, indicate a robust and affluent customer base. Potential uses include, but are not limited to: restaurants (full-service or QSR), banks and financial institutions, general retail and retail services, gas stations with convenience stores, professional offices, veterinary clinics or hospitals, warehouses or self-storage facilities, childcare centers, car washes (self-service or automated), automobile repair shops, and packaged liquor, beer, or wine stores. The property's location offers convenient access to West Palm Beach, Fort Lauderdale, and Miami, making it an ideal investment for developers seeking a high-growth area with significant potential for return. The APN is 4141-4317-01808-0070. This is a rare opportunity to acquire a sizable commercial lot in a thriving community. The asking price is $1,900,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.